Jacob Faber was waiting in line outside the Whole Foods at the corner of Bowery and East Houston in lower Manhattan this past April, when he heard two security guards talking about their checks from the economic relief package President Donald Trump signed on March 27.
Whether Americans support lockdown measures meant to control the spread of the new coronavirus has to do with their personal political beliefs and trust in media, according to new survey results from economists at The University of Chicago Booth School of Business.
Colleges across the country face deep financial losses after the coronavirus forced school officials to shutter campuses and cancel events. Administrators worry their money troubles will only get worse if enrollment, government funding and other sources of revenue continue to fall amid a likely recession.
Across the political divide, a majority of U.S. residents don’t think their states should reopen their economies yet, according to the results of a new national survey gauging public opinion on a wide range of topics related to COVID-19.
It’s no surprise that consumer spending in the U.S. fell off a cliff in March. That’s when bars, concert halls, movie theaters and other nonessential businesses across much of the country shuttered to try to stem the spread of the new coronavirus.
Even before Donald Trump’s election victory took newsrooms nationwide by surprise, audiences criticized journalists as being disconnected from the communities they cover, especially poor and working-class communities.
In a new National Bureau of Economic Research working paper, researchers surveyed nearly 900 Italian residents to explore what happens when expectations are shattered about how long social distancing measures, like self-isolation, would last. Participants were less willing to do more self-isolating when told that social distancing time frames would run much longer or shorter than they anticipated.
With confirmed cases of COVID-19 — the disease caused by a novel coronavirus — on the rise, organizations worldwide are encouraging or mandating that their employees telework.
This article was updated on April 3 to reflect the employment situation summary released that day.
